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NEW YORK CITY-Two parcels of undeveloped Brooklyn real estate are once again on the block and city and state officials are taking pains to make sure development of the state-owned sites conforms to that of the surrounding neighborhoods.
SECAUCUS, NJ - The boat sank a number of years ago and its land site, used for parking and ancillary buildings, has been vacant ever since. The site sold for just under $3 million.
SAN ANTONIO-St. Louis-based, family-owned Drury Inns Inc. is off and running on its 11th hotel in San Antonio. The 210-room facility is going up in the city's northwest submarket and will deliver in spring 2002.
DENVER-The builder of Coors Field and the Pepsi Center beats out Kiewit Construction Co., Swinerton Builders and DPR Construction Inc. for the job of general contractor of the addition to the Denver Art Museum.
GREATER BOSTON-Despite an executive order banning project labor agreements on federally financed projects, PLAs are increasingly being used in this state to help manage construction.
PHOENIX-The Association Group Insurance Administrators will be boxing up records for a move to Pointe Corridor Centre IV in east Phoenix. The insurance company provider has signed for 7,310 sf of the Presidio Investments' building.
RICHMOND, VA-The new manager will have responsibility for crafting quarterly research reports on the metropolitan area and doing client-specific research.
HOUSTON-A lead tenant in the 89,000-sf, multi-tenant Richmond Tower has closed a deal for an extra 12,365 sf. The Boston-based American Tower's beefed-up lease is just an affirmation of the Greenway Plaza's activity of late, says a broker.
DELRAY BEACH, FL-The developer of single-family and multifamily homes also is reporting increases of 72% and 75% in second-quarter and six-month revenue.
SEATTLE, WA-First-half 2001 reports from CB Richard Ellis and M/PF Research on the investment market for Puget Sound apartments have some positive things to say about the market here.